Strategy

Investment Focus

KRAKacquisition is a blank check company formed as a blank check company for the purpose of effecting a business combination with a business in the digital asset ecosystem. We intend to focus on companies developing the core infrastructure of the digital asset economy—payment networks, tokenization platforms, blockchain infrastructure, compliance solutions, and other essential services. By combining deep operating expertise, differentiated sourcing, and public market experience, we aim to be the partner of choice for businesses seeking to scale and unlock long-term value in the public markets.

KRAKacquisition is sponsored by a partnership of Kraken, one of the world’s most established global crypto platforms, Tribe Capital, a leading and data-driven venture firm in innovative fintech and crypto markets, and Natural Capital, an investment platform founded by experienced operators with venture capital, public markets and special purpose acquisition company (‘‘SPAC’’) expertise formed for the purpose of investing in us.

What We Look For

KRAKacquisition seeks businesses that demonstrate:

Established and recurring revenue models

Regulatory awareness and readiness

Institutional-grade governance and internal controls

Management teams prepared for public-company responsibilities

Business models aligned with long-term sustainability rather than short-term market cycles

Strategy & Approach

Why Infrastructure

As the digital-asset sector matures, growth is increasingly driven by infrastructure businesses that resemble regulated financial utilities and support institutional participation. These businesses often operate behind the scenes, enabling custody, payments, compliance, and market access across the broader financial ecosystem.

KRAKacquisition’s strategy reflects this shift toward foundational companies that prioritize durability, compliance, and long-term value creation.

Why a SPAC

Traditional IPO markets remain selective, and private-market liquidity has become more constrained, particularly for companies operating in regulated and capital-intensive sectors. The SPAC structure can provide a transparent and disciplined pathway to the public markets for businesses that are operationally mature and governance-ready.

KRAKacquisition applies public-market standards from the outset, with an emphasis on governance, disclosure, and shareholder alignment throughout the business-combination process.

Approach

KRAKacquisition’s approach emphasizes:

• Rigorous diligence and risk assessment
• Alignment with public-market governance expectations
• Transparency with shareholders
• Long-term performance following any business combination